Guest Roger Kint Posted February 25, 2015 Share Posted February 25, 2015 Made about £40m profit on transfers before January, as if we are going to drastically change our sell to buy policy. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 We've just made a sizeable profit in the January transfer window man. I can't begin to understand what has brought you to the conclusion that we're all of a sudden about to start splashing the cash. The first sentence is one of the reasons for the conclusion in your second sentence. I was saying the same thing this time last year too. I thought we would double previous spending and I fell short with that estimate. http://www.toontastic.net/board/topic/34855-clement-grenier/?p=1255479 Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 We only spend when we sell. While unprofitable. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 Got to remember we only spent last summer because we had nearly £35m incoming from player sales due to Cabaye, Debuchy, Tavernier and the clause for Fraser Forster. That's been my point all along. For the most part, we spend our profits. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted February 25, 2015 Share Posted February 25, 2015 Interesting if we extend spending profits on player sales to spending general profits from TV etc. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif You don't think we will? Last summer we spent £12m MORE than we had in the previous FIVE summers COMBINED. Exactly. Last Summer was a one off and certainly wasn't the norm. We have the two Forest lads coming in plus Siem De Jong & Rolando Aarons back from injury. Over the course of the window we'll make a profit. Pretty likely there'll be one 'marquee' sale followed by a couple of players on the cheap in my opinion. Or the previous 4 windows were an exercise in making the club self-sustaining and it will continue to invest the majority of whatever profits there are into new signings. Depsite 10 years of evidence to the contrary? We have spent almost all of our profits on transfers for the past ten years. Except £11m that went on a loan repayment. We'd have spent that on 2 years interest on loans under Shepherd. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif You don't think we will? Last summer we spent £12m MORE than we had in the previous FIVE summers COMBINED. Exactly. Last Summer was a one off and certainly wasn't the norm. We have the two Forest lads coming in plus Siem De Jong & Rolando Aarons back from injury. Over the course of the window we'll make a profit. Pretty likely there'll be one 'marquee' sale followed by a couple of players on the cheap in my opinion. Or the previous 4 windows were an exercise in making the club self-sustaining and it will continue to invest the majority of whatever profits there are into new signings. Depsite 10 years of evidence to the contrary? We have spent almost all of our profits on transfers for the past ten years. Except £11m that went on a loan repayment. We'd have spent that on 2 years interest on loans under Shepherd. a) so we haven't b)what's that got to do with anything? What happened in January then? Or when we sold Cabaye? What got spent then? a) "almost" I said. b) Without an owner or buyer willing to splash millions as a plaything, the club has to be self-sustaining. The fact it is self-sustaining and spends what profits it earns rather than being an Ashley cash cow suggests the bumber profit we report will get reinvested too. Did you see the chart? We spent over £37m after selling Cabaye. The club will still have a large cash surplus. Link to post Share on other sites More sharing options...
Andymc1 Posted February 25, 2015 Share Posted February 25, 2015 I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif You don't think we will? Last summer we spent £12m MORE than we had in the previous FIVE summers COMBINED. Exactly. Last Summer was a one off and certainly wasn't the norm. We have the two Forest lads coming in plus Siem De Jong & Rolando Aarons back from injury. Over the course of the window we'll make a profit. Pretty likely there'll be one 'marquee' sale followed by a couple of players on the cheap in my opinion. Or the previous 4 windows were an exercise in making the club self-sustaining and it will continue to invest the majority of whatever profits there are into new signings. Depsite 10 years of evidence to the contrary? We have spent almost all of our profits on transfers for the past ten years. Except £11m that went on a loan repayment. We'd have spent that on 2 years interest on loans under Shepherd. a) so we haven't b)what's that got to do with anything? What happened in January then? Or when we sold Cabaye? What got spent then? a) "almost" I said. b) Without an owner or buyer willing to splash millions as a plaything, the club has to be self-sustaining. The fact it is self-sustaining and spends what profits it earns rather than being an Ashley cash cow suggests the bumber profit we report will get reinvested too. Did you see the chart? We spent over £37m after selling Cabaye. The club will still have a large cash surplus. We're about to announce HUGE profits. Come back then please. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 Interesting if we extend spending profits on player sales to spending general profits from TV etc. I have no doubt that we will. I often think the anger at Ashley is misdirected. We all hoped that a billionaire owner would start hammering millions of his own money into the team and coaching. Once he had made clear he wouldn't do that then you can take his wealth out of the equation and look at how he runs the club as a self-financed entity. Many people still fixate on wanting his billions spent. In terms of transfers, the self-sustaining approach has been a success, on it's moderate aim of survival. Profits are spent entirely on improving the club either on the field or on the balance sheet. Loans are repaid only if and when the club can afford it having spent just enough on the squad to stay up. As profits grow, so does spending power. The failure of Ashley has been in completely obliterating our advantage over other clubs. They all have the increased TV income as well. But he has dropped Commercial and matchday income to West Ham and Sunderland levels. Retail deals and advertising that benefit his shop ahead of Newcastle United reduce the profits we make and mean a process of stabilisation that could have taken one or 2 years takes 5 years. Link to post Share on other sites More sharing options...
STM Posted February 25, 2015 Share Posted February 25, 2015 We get the best part of 150m from t.v money and revenue, plus 20m from transfer sales ever year but when we "spend" 20 pence on transfers we shoild be thankful. Hate these cunts. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 a) "almost" I said. b) Without an owner or buyer willing to splash millions as a plaything, the club has to be self-sustaining. The fact it is self-sustaining and spends what profits it earns rather than being an Ashley cash cow suggests the bumber profit we report will get reinvested too. Did you see the chart? We spent over £37m after selling Cabaye. The club will still have a large cash surplus. Yes but nobody is talking about Shepherd are they? Where is the TV money then? we can afford to spend that no? Shepherd? You've lost me. TV Money? Up until now? No we can't afford to spend that because it's all been used to cover costs. Operating profit includes TV money and we've reported a loss every year. Again, this is why I expect the bumper profits this year to be followed by a good summer spend. It's also one of the reasons I've always been optimistic about Pardew's replacement. The club can afford to look at starting to grow now, rather than surviving the loss making years. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted February 25, 2015 Share Posted February 25, 2015 Player sales(approx) 2007 & 2008 - £20m 2009 - £27m 2010 - £25m 2011 - £40m 2012 - £10m 2013 - £13m 2014 - £30m 2015 - £10m Sales under Ashley approx £155m. Just a small surplus of £40m ish Link to post Share on other sites More sharing options...
NG32 Posted February 25, 2015 Share Posted February 25, 2015 We have to buy as the squad is so thn at the minute, we will likely lose Sissoko, Tiote and maybe one or two more over the summer. All the costs of these will be covered from player sales, Ashley wont allow any other money to spent. We buy with what we generate from player sales, end of. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 We get the best part of 150m from t.v money and revenue, plus 20m from transfer sales ever year but when we "spend" 20 pence on transfers we shoild be thankful. Hate these cunts. Best part of £150m is a strange way of putting £78.2m It doesn't matter if Wages eat up the vast majority of it as it has up until now. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted February 25, 2015 Share Posted February 25, 2015 Ignoring a key word like revenue is a strange way of replying to him. Pretty obvious what he means like Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 a) "almost" I said. b) Without an owner or buyer willing to splash millions as a plaything, the club has to be self-sustaining. The fact it is self-sustaining and spends what profits it earns rather than being an Ashley cash cow suggests the bumber profit we report will get reinvested too. Did you see the chart? We spent over £37m after selling Cabaye. The club will still have a large cash surplus. Yes but nobody is talking about Shepherd are they? Where is the TV money then? we can afford to spend that no? Shepherd? You've lost me. TV Money? Up until now? No we can't afford to spend that because it's all been used to cover costs. Operating profit includes TV money and we've reported a loss every year. Again, this is why I expect the bumper profits this year to be followed by a good summer spend. It's also one of the reasons I've always been optimistic about Pardew's replacement. The club can afford to look at starting to grow now, rather than surviving the loss making years. You brought him up! Not me! Aye well we will see, optimism towards Ashley is just so unfounded these days shocked it still exists Ah, you were referring back 2 posts. Soz. I'm not optimistic about Ashley. See my other post about what he's done wrong. I just don't see the evidence for him pocketing tens of millions of the clubs income people seem to suggest. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 Ignoring a key word like revenue is a strange way of replying to him. Pretty obvious what he means like Missed it. Didn't ignore it. TV money is revenue so it was a strange way of phrasing it Link to post Share on other sites More sharing options...
Guest Roger Kint Posted February 25, 2015 Share Posted February 25, 2015 It was more like £120m anyway mind, not that it matters where Ashley is concerned Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted February 25, 2015 Share Posted February 25, 2015 I'm expecting the biggest face turn ever from Mike this summer - he's going for Cenaesq face status Link to post Share on other sites More sharing options...
Guest dazzanufc1892 Posted February 25, 2015 Share Posted February 25, 2015 I'm expecting the biggest face turn ever from Mike this summer - he's going for Cenaesq face status great reference, zero chance. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 Apart from after being relegated we've never really sold big in summer. We've not spent much more than we've recouped either, except last summer. When profits grew. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted February 25, 2015 Share Posted February 25, 2015 Apart from after being relegated we've never really sold big in summer. We've not spent much more than we've recouped either, except last summer. When profits grew. Always easier to look like we spend when you ignore the £70M+ we made over various January windows Link to post Share on other sites More sharing options...
Hughesy Posted February 25, 2015 Share Posted February 25, 2015 How is the summer spend relevant? I couldn't give a shit when the money is spent.. Link to post Share on other sites More sharing options...
merlin Posted February 25, 2015 Share Posted February 25, 2015 John Anderson is an absolute turd. Irritates me how the likes of him are privileged with a public voice on matters regarding the club. For heaven's sake - is that overpaid, under-talented Irishman still waffling on about NUFC and trying to justify his publicly-paid existence on a channel funded by Licence payers..? How anyone can have any credence with Anderson's opinions I don't know. Turn the bu---r off..!!! Link to post Share on other sites More sharing options...
Heake Posted February 25, 2015 Share Posted February 25, 2015 Apart from after being relegated we've never really sold big in summer. We've not spent much more than we've recouped either, except last summer. When profits grew. Always easier to look like we spend when you ignore the £70M+ we made over various January windows Yep...You beat me to that one. Its all about context. We`ve continually under invested for years under Ashley now. I would imagine there'll be a few arses in Fenwicks window were he ever to go & provide serious investment in the team / squad before he fucks of into the sunset. We cant compete with the likes of Southampton FFS Link to post Share on other sites More sharing options...
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